EMMVEE vs WAAREEENER: Stock Comparison

Emmvee Photovoltaic Power Limited vs Waaree Energies Ltd

Live data: 24 July 2026, 4:08 PM IST • Source: NSE and company filings

Waaree Energies Ltd is the larger company by market capitalisation. Emmvee Photovoltaic Power Limited shows a lower P/E, a higher ROE and lower leverage, while Waaree Energies Ltd shows a higher dividend yield and faster revenue growth. These are relative readings on individual metrics — weigh valuation against growth, margins, leverage and capital efficiency rather than treating any single number as decisive.

Side-by-side comparison of Emmvee Photovoltaic Power Limited and Waaree Energies Ltd on live price, valuation, growth, profitability, leverage and quarterly shareholding. Highlighted values mark the more favourable of the two on that metric's usual reading; a single metric is never the full story.

On standard readings, EMMVEE is more favourable on 7 of 13 scored metrics and WAAREEENER on 6These counts are context-free and are not an overall rating.

Key Differences

Market Cap
WAAREEENER is the larger company
₹77,719 Cr vs ₹22,917 Cr
P/E Ratio
EMMVEE has a lower P/E
17.97x vs 20.95x
P/B Ratio
WAAREEENER has a lower P/B
5.39x vs 6.2x
EPS
WAAREEENER has higher earnings per share
₹129 vs ₹18.1
Dividend Yield
WAAREEENER has a higher dividend yield
0.07% vs 0%
Revenue Growth (TTM YoY)
WAAREEENER has faster revenue growth
111.8% vs 62.3%
EPS Growth (TTM YoY)
WAAREEENER has faster EPS growth
71.2% vs 62.5%
Qtr Sales Growth
WAAREEENER has stronger quarterly sales growth
112% vs 62.2%

Each difference is a single, relative reading — StockeZee does not name an overall winner.

Profile

MetricEMMVEEWAAREEENER
SectorCapital GoodsCapital Goods
IndustryOther Electrical EquipmentOther Electrical Equipment

Price

MetricEMMVEEWAAREEENER
Live Price₹331₹2,702
Day Change3.52%-0.36%
Volume27.62 L4.31 L
52-Week High₹371.55₹3,865
52-Week Low₹171.51₹2,403
Distance from 52W High-10.91%-30.09%

Valuation

MetricEMMVEEWAAREEENER
Market Cap₹22,917 Cr₹77,719 Cr
P/E Ratio17.97x20.95x
P/B Ratio6.2x5.39x
EPS₹18.1₹129
Book Value₹53.39₹502
Dividend Yield0%0.07%

Growth

MetricEMMVEEWAAREEENER
Revenue Growth (TTM YoY)62.3%111.8%
EPS Growth (TTM YoY)62.5%71.2%
Qtr Sales Growth62.2%112%
Qtr Profit Growth89.4%70.6%

Profitability & Leverage

MetricEMMVEEWAAREEENER
ROE51.1%32.8%
ROCE44.8%38.8%
Net Margin21.44%14.25%
Operating Margin34.3%22.3%
Debt to Equity0.1x0.22x

Shareholding

As of Mar 2026 • change vs previous quarter
MetricEMMVEEWAAREEENER
Promoter Holding80.03%64.12% 0.07 pp
FII Holding2.45% 1.52 pp8.57% 1.52 pp
DII Holding12.28% 0.29 pp4.08% 0.24 pp
Public Holding5.23% 1.8 pp23.23% 1.21 pp

How to Read This Comparison

Valuation ratios (P/E, P/B) use the latest consolidated figures where available; growth numbers compare against the same period last year; shareholding percentages come from the most recent quarterly filings, with the change shown against the prior quarter. A "more favourable" highlight is relative between these two companies only — it is not a rating, a recommendation, or a comparison against the wider sector. Rows with no reported data for either company are hidden rather than shown empty.

Deep-dive each company on its stock page for quarterly results, technicals, filings and the full peer set: Emmvee Photovoltaic Power Limited and Waaree Energies Ltd.

Data source: NSE and company filings via StockeZee. This comparison is informational — it is not investment advice, and StockeZee is not a SEBI-registered investment adviser.